Board hears district debt update; PERS bond continues through 2028
Finance staff reported the district's PERS bond remains in place through 2028, said local option levy passage is unlikely, and described district debt as comparable to peers; no subsequent action was taken.
The full story
At the Nov. 19 meeting the Board received a brief district debt overview. Finance staff told the Board the district's current PERS bond remains in effect through 2028 and said it is unclear what post-2028 financing will look like. Staff noted a local option levy could be pursued but judged it unlikely to pass given the tax burden on residents.
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